Monday, December 15, 2014

Galapagos loses partner on inflammatory bowel drug

BRUSSELS (Reuters) - Belgian biotech group Galapagos said on Tuesday that its research partner Janssen Pharmaceutica, a unit of Johnson & Johnson, had pulled out of a program to develop a new drug to treat bowel disease. Galapagos said it had received all rights to the GPR84 inhibitor program which included the drug GLPG1205 and said it would continue with a phase 2 study of its own on patients with inflammatory bowel disease ulcerative colitis. The group gave no financial details about the transaction. ...



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